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The firm, which owes warehouse lenders approximately $418 million, has already been granted by a federal judge $175 million in debtor-in-possession financing by PIMCO and Barclays Bank to fund loans in its pipeline.

Katie Jones is the third woman added to the GSE’s chief officer ranks in the past year.

Increased purchases among property investors and build-to-rent buyers is just part of what's driving competition these days.

But the Mortgage Bankers Association still expects the dollar volume of purchase originations to increase from 2022 to 2024 compared with 2021.

Bank of America is keeping to its original hiring plans despite challenging economic conditions that have prompted others to pull back, Chief Executive Brian Moynihan said.

The East Texas lender and Seattle-based startup are the latest industry firms to terminate staff members in a cycle that has left thousands of mortgage professionals unemployed.

The current 30-year rate is now nearly double its average from a year ago.

Mortgage rates have pushed up costs to buying a new house even more.

In a market dominated by sky-high home prices, sellers looking to take the path of least resistance may be overlooking DPA borrowers.

The lawsuits have heated up since April with the inclusion of a high-profile lawyer and plaintiffs, a public war of words and scrutiny from city and federal lawmakers.